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Retail Sector in India: Weekly News Updates - Recession impacts organized retail

Retail majors are facing the heat due to recession. Some are closing down stores, while others are taking on cost cutting measures to stay afloat. International brands are fearful of stepping to the fledgling retail sector in India and are putting their plans on hold. Discount retailing seems to be faring better than full price stores.

-Chillibreeze Business Research Team

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